A thin wall approximation is exploited to describe a global monopole coupled to gravity. The core is modeled by de Sitter space, its boundary by a thin wall with a constant energy density, and its exterior by the asymptotic Schwarzschild solution with negative gravitational mass $M$ and solid angle deficit, $\ensuremath{\Delta}\ensuremath{\Omega}/4\ensuremath{\pi}=8\ensuremath{\pi}G{\ensuremath{\eta}}^{2}$, where $\ensuremath{\eta}$ is the symmetry-breaking scale. The deficit angle equals $4\ensuremath{\pi}$ when $\ensuremath{\eta}=1/\sqrt{8\ensuremath{\pi}G}\ensuremath{\equiv}{M}_{p}.$ We find that (1) if $\ensuremath{\eta}<{M}_{p},$ there exists a unique globally static nonsingular solution with a well-defined mass, ${M}_{0}<0$. ${M}_{0}$ provides a lower bound on $M$. If ${M}_{0}<M<0$, the solution oscillates. There are no inflating solutions in this symmetry-breaking regime. (2) If $\ensuremath{\eta}>~{M}_{p},$ nonsingular solutions with an inflating core and an asymptotically cosmological exterior will exist for all $M<0$. (3) If $\ensuremath{\eta}$ is not too large, there exists a finite range of values of $M$ where a noninflating monopole will also exist. These solutions appear to be metastable towards inflation. If $M$ is positive, all solutions are singular. We provide a detailed description of the configuration space of the model for each point in the space of parameters $(\ensuremath{\eta},M)$ and trace the wall trajectories on both the interior and the exterior spacetimes. Our results support the proposal that topological defects can undergo inflation.